AppLovin Appoints Maynard Webb to Its Board of Directors
AppLovin (NASDAQ: APP) has announced the appointment of Maynard Webb, founder of Webb Investment Network (WIN), to its Board of Directors as an independent director. Webb will serve on both the Audit Committee and Nominating and Corporate Governance Committee.
Webb brings extensive experience from his roles as former Chairman of LiveOps, COO of eBay, and senior positions at Gateway and Bay Networks. He currently serves on the boards of Salesforce and Visa.
The company also announced that Ted Oberwager, Managing Director at KKR, will not seek re-election at the next annual meeting of stockholders in 2025, though he will complete his current term.
AppLovin (NASDAQ: APP) ha annunciato la nomina di Maynard Webb, fondatore di Webb Investment Network (WIN), nel suo Consiglio di Amministrazione come direttore indipendente. Webb farà parte sia del Comitato di Revisione che del Comitato per le Nomine e la Governance Aziendale.
Webb porta con sé una vasta esperienza dai suoi ruoli come ex Presidente di LiveOps, COO di eBay e posizioni senior in Gateway e Bay Networks. Attualmente è membro dei consigli di Salesforce e Visa.
L'azienda ha anche annunciato che Ted Oberwager, Direttore Generale di KKR, non si candiderà per la rielezione alla prossima assemblea annuale degli azionisti nel 2025, anche se completerà il suo attuale mandato.
AppLovin (NASDAQ: APP) ha anunciado el nombramiento de Maynard Webb, fundador de Webb Investment Network (WIN), en su Junta Directiva como director independiente. Webb formará parte tanto del Comité de Auditoría como del Comité de Nominaciones y Gobernanza Corporativa.
Webb aporta una amplia experiencia de sus roles como ex Presidente de LiveOps, COO de eBay y posiciones senior en Gateway y Bay Networks. Actualmente, forma parte de las juntas de Salesforce y Visa.
La compañía también anunció que Ted Oberwager, Director General en KKR, no buscará la reelección en la próxima reunión anual de accionistas en 2025, aunque completará su mandato actual.
AppLovin (NASDAQ: APP)은 Maynard Webb, Webb Investment Network (WIN)의 창립자를 독립 이사로 이사회에 임명했다고 발표했습니다. Webb은 감사위원회와 인사 및 기업 지배구조 위원회 모두에서 활동할 것입니다.
Webb은 LiveOps의 전 회장, eBay의 COO 및 Gateway와 Bay Networks의 고위직에서의 역할을 통해 풍부한 경험을 가지고 있습니다. 현재 그는 Salesforce와 Visa의 이사로 재직하고 있습니다.
회사는 또한 KKR의 전무 이사인 Ted Oberwager가 2025년 주주 연례 회의에서 재선에 나서지 않을 것이라고 발표했으며, 현재의 임기는 마무리할 것입니다.
AppLovin (NASDAQ: APP) a annoncé la nomination de Maynard Webb, fondateur de Webb Investment Network (WIN), à son Conseil d'Administration en tant que directeur indépendant. Webb siégera à la fois au Comité d'Audit et au Comité de Nominations et de Gouvernance d'Entreprise.
Webb apporte une vaste expérience de ses rôles en tant qu'ancien Président de LiveOps, COO d'eBay et de postes de direction chez Gateway et Bay Networks. Il siège actuellement aux conseils de Salesforce et Visa.
L'entreprise a également annoncé que Ted Oberwager, Directeur Général chez KKR, ne sollicitera pas sa réélection lors de la prochaine assemblée annuelle des actionnaires en 2025, bien qu'il achèvera son mandat actuel.
AppLovin (NASDAQ: APP) hat die Ernennung von Maynard Webb, Gründer des Webb Investment Network (WIN), in seinen Vorstand als unabhängigen Direktor bekannt gegeben. Webb wird sowohl im Prüfungsausschuss als auch im Nominierungs- und Corporate Governance-Ausschuss tätig sein.
Webb bringt umfangreiche Erfahrungen aus seinen Funktionen als ehemaliger Vorsitzender von LiveOps, COO von eBay und Führungspositionen bei Gateway und Bay Networks mit. Derzeit ist er Mitglied der Vorstände von Salesforce und Visa.
Das Unternehmen gab außerdem bekannt, dass Ted Oberwager, Geschäftsführer bei KKR, sich bei der nächsten Hauptversammlung der Aktionäre im Jahr 2025 nicht zur Wiederwahl stellen wird, obwohl er seine aktuelle Amtszeit abschließen wird.
- Addition of experienced board member with extensive tech industry expertise
- Webb's current board positions at major companies (Visa and Salesforce) bring valuable connections
- Early investor (since 2012) with deep understanding of the company
- Loss of KKR representative (Ted Oberwager) from the board
Maynard Webb, founder of Webb Investment Network, joins AppLovin's board of directors.
“We are thrilled to welcome Maynard Webb to the AppLovin board. I’ve had the privilege of knowing Maynard for 13 years, since his early investment in 2012, and have always regarded him as one of technology’s finest mentors,” said Adam Foroughi, Co-founder, CEO, and Chairperson of AppLovin. “With his extensive experience as an operator and board member, currently at Visa and Salesforce, Maynard’s insights will be instrumental as we pursue our vision of creating the world’s most impactful performance marketing platform.”
Along with starting WIN, an early-stage venture capital firm, in 2010, Mr. Webb served as the Chairman of the board of LiveOps, Inc., a cloud-based call center, from 2008 to 2013, and was the Chief Executive Officer from 2006 to 2011. Previously, Mr. Webb was the Chief Operating Officer of eBay, Inc. from 2002 to 2006, and President of eBay Technologies from 1999 to 2002. Prior to eBay, Mr. Webb was Senior Vice President and Chief Information Officer at Gateway, Inc., a computer manufacturer, and Vice President and Chief Information Officer at Bay Networks, Inc., a computer networking products manufacturer. Mr. Webb holds a Bachelor of Applied Arts degree from Florida Atlantic University.
“I’m honored to be joining Adam and the AppLovin board at this extraordinary phase of growth for the company,” said Webb. “It’s an exciting time to be able to share my expertise in building scalable platforms and operational excellence to support AppLovin’s vision and continued transformational growth.”
Mr. Webb currently serves on the board of directors of Salesforce, Inc. and Visa, Inc. Mr. Webb served as the Chairman of the board of directors at Yahoo! Inc. until 2017.
AppLovin also announced that Ted Oberwager, Managing Director at KKR, will not stand for re-election at the Company’s next annual meeting of stockholders. Mr. Oberwager intends to continue to serve as a member of the board through the end of his current term, which ends on the date of the 2025 Annual Meeting.
“On behalf of the board, I thank Ted for his contributions over the years and wish him the best,” said Foroughi.
AppLovin’s current board now consists of: Adam Foroughi, Co-founder and CEO of AppLovin; Herald Chen, former President and CFO of AppLovin; Craig Billings, CEO of Wynn Resorts; Margaret Georgiadis, Co-founder and CEO of Montai Health and CEO-Partner, Flagship Pioneering; Alyssa Harvey Dawson, former Chief Legal Officer and Corporate Secretary of HubSpot; Ted Oberwager, Managing Director at KKR; Eduardo Vivas, Chief Operating Officer of Humans, Inc.; Todd Morgenfeld, former CFO and Head of Business Operations at Pinterest; Barbara Messing, former Chief Marketing and Communications Officer at Roblox; and Maynard Webb, Founder of Webb Investment Network.
For more information on AppLovin’s leadership team, visit: www.applovin.com/leadership/.
About AppLovin
AppLovin makes technologies that help businesses of every size connect to their ideal customers. The company provides end-to-end software and AI solutions for businesses to reach, monetize and grow their global audiences. For more information about AppLovin, visit: www.applovin.com.
Source: AppLovin Corp.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250409518219/en/
Investors
David Hsiao
ir@applovin.com
Press
Emelyne Interior
press@applovin.com
Source: AppLovin Corp.
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